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  • #46,901
  • Feb 18, 2025 8:44am Feb 18, 2025 8:44am
Quoting Novazor
{quote} There is a option that refreshing the page is possible to keep the edited page. so he proves nothing, if he is real good for him, but if he make so much money why botter being a icmarkets affliate and having a paid mentorship?
I'm not deffending him. I just think that who accuses should prove and a cursor blinking is not a proof of fakeness. People have to find different proofs.

And, yes, I also feel weird that he needs that if he is making so much. On the other side, it's a lot of things to be faked in order to be consistent among all them.
If that's fake, sooner or later he will be exposed because now he is on the spotlights and there are thousands of people looking into that, many with eagle eye.
  • #46,902
  • Feb 18, 2025 12:46pm Feb 18, 2025 12:46pm
been missing in action for a few months around here... I see I missed Mattl being exposed as the complete crook that he's always been.
  • #46,903
  • Feb 18, 2025 1:28pm Feb 18, 2025 1:28pm
Quoting deroty
{quote} Best is FTMO and Darwinex. But there is also the5'ers (I did not check lately). Darwinex gives less share but there is no DD limit.
I googled Darwinex and found about two different websites- darwinex and darwinexzero. Which one is it?
  • #46,904
  • Feb 18, 2025 1:43pm Feb 18, 2025 1:43pm
Quoting Capablanca
{quote} I'm not deffending him. I just think that who accuses should prove and a cursor blinking is not a proof of fakeness. People have to find different proofs. And, yes, I also feel weird that he needs that if he is making so much. On the other side, it's a lot of things to be faked in order to be consistent among all them. If that's fake, sooner or later he will be exposed because now he is on the spotlights and there are thousands of people looking into that, many with eagle eye.
for that size of volume of trading i think he would not open course and do youtube, if his trade make $500k couples month, imaging year turn over trading
and he would not bother earn coin through youtube once you earn big will not take coin
  • #46,905
  • Feb 18, 2025 3:44pm Feb 18, 2025 3:44pm
Quoting CableJ
been missing in action for a few months around here... I see I missed Mattl being exposed as the complete crook that he's always been.
Welcome back ! any new updates on traffic stats ?
  • #46,906
  • Edited 6:58pm Feb 18, 2025 6:36pm | Edited 6:58pm
Quoting stoneyrocks
{quote} welcome back ! Any new updates on traffic stats ?


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almost an across the board YTD bloodbath with FX props

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  • #46,907
  • Feb 19, 2025 2:07am Feb 19, 2025 2:07am
Quoting CableJ
{quote} {image} almost an across the board YTD bloodbath with FX props {image}
The 1 star reviews are the biggest bloodbath.
  • #46,908
  • Edited 3:18am Feb 19, 2025 3:07am | Edited 3:18am
Quoting Takisd
{quote} The 1 star reviews are the biggest bloodbath.
I would think the overall FX prop business being flat/declining for so long now has led to more rule changes & payment denials which in turn has led to more dissatisfied customers. We are starting to see signs of the same thing happening on the futures side with Topstep & Apex dissatisfaction increasing compared to this time last year when they both greatly benefited from the US customer stampede from forex to futures props.
  • #46,909
  • Feb 19, 2025 3:15am Feb 19, 2025 3:15am
Quoting CableJ
{quote} I would think the market being flat/declining for so long now has led to more rule changes & payment denials which in turn has led to more dissatisfied customers. We are starting to see signs of the same thing happening on the futures side with Topstep & Apex dissatisfaction increasing compared to this time last year.
Futures industry is declining at a faster rate - it is at the end 2023 point of CFD prop now.
  • #46,910
  • Feb 19, 2025 3:23am Feb 19, 2025 3:23am
Quoting Takisd
{quote} Futures industry is declining at a faster rate - it is at the end 2023 point of CFD prop now.
I agree, we have been seeing more rule changes, price increases & payment denials on the futures side. Once growth stops the business model runs into trouble.
  • #46,911
  • Feb 19, 2025 5:47am Feb 19, 2025 5:47am
Perhaps by employing tighter restrictions, they are creating their own demise by producing better traders over time.

Otherwise, one would think that they would eventually find a sweet spot where most traders would continually fail and the only traders that they would need to worry about would be the small minority of traders that were actually good.

Pushing traders to live would be the solution at that point, which is something that will need to happen anyway, as regulators step in and exchanges demand their cut in fees.

On the one hand, it seems that some of these firms are pushing traders to live prematurely. But then you see a handful of youtubers that are seemingly churning out multiple, 6-figures on simulated accounts, you have to wonder what is going on.

Of course, if these firms are giving preferential treatment to their affiliates, then that is something that will likely come back to bite them pretty hard.
  • #46,912
  • Feb 19, 2025 5:50am Feb 19, 2025 5:50am
Quoting Nsak3y
Perhaps by employing tighter restrictions, they are creating their own demise by producing better traders over time. Otherwise, one would think that they would eventually find a sweet spot where most traders would continually fail and the only traders that they would need to worry about would be the small minority of traders that were actually good. Pushing traders to live would be the solution at the point, which is something that will need to happen anyway, as regulators step in and exchanges demand their cut in fees. On the one hand, it seems...
this is always the case. To get trades you can actually send to the market in some way the type of trading must change. For example, opening 30 lots every click on 200k is not going to ever be a-book.
  • #46,913
  • Feb 19, 2025 6:03am Feb 19, 2025 6:03am
WTF, I got also the famous Fintokei email !

Dear Trader,

Thank you for your continued engagement with Fintokei. We appreciate your time and effort in participating in our programs and for trusting us as your prop trading partner.

Following our enhanced risk management review of your trading data, we have identified some characteristics that may conflict with our platform’s risk management policies and operational model. Specifically, our analysis using the “Runs Test for Detecting Non-randomness” suggests that your trading often displays patterns akin to “randomness”, which is essentially very similar to just flipping a coin.

While we fully recognize your achievements in passing our evaluation programs and earning performance rewards, this particular trading approach limits our ability to integrate and utilize your trading data within our model effectively.

Trading with characteristics resembling randomness is also sometimes associated with a practice called “opposite trading / hedging across multiple accounts or traders”. This involves traders attempting to exploit prop firms by opening random trades and offsetting them on other accounts held with different firms or brokers. Such behavior undermines the integrity and sustainability of the prop trading model and is strictly prohibited, as outlined in our Terms and Conditions (T&Cs) and Fintokei Provider Program agreement (FPP).

Data generated from such trading activities has minimal value for us, which is why we have implemented policies and tools in place to recognize any similar trading style.

It’s important to note that we sincerely believe that your intentions were not in any way harmful or hostile.

However, the specific traits of your trading style resemble practices mentioned above. Such trading style, if misused, could pose challenges to the integrity and sustainability of our platform.

As a proactive step to ensure fairness and sustainability, we must therefore make some adjustments to your account settings to align with our internal policies.

Adjustments to Your Active Accounts

In accordance with section 5 of the general TaC, we will apply the following Consistency Rules to all your currently active or upgraded accounts in the ProTrader Evaluation program, ProTrader - Phase 3 program, and the SwiftTrader program:

• Leverage Adjustment: Leverage will be reduced to 1:10 for FX instruments and 1:5 for other instruments. Please ensure adequate free margin on your account by the time this takes effect.
• Daily Profit Cap: Maximum daily profit will be capped at +1% of the starting balance.
• Daily Loss Cap: Maximum daily loss will be capped at -1% of the starting balance.

------------

This is bizarre because I only had 2 small payouts, one 1.6K and another barely above 1K in a 200K account and right now I'm in a DD and far from threating them to receive another payout soon. My sizes are very small, like 3 or 4 lots per trade, sometimes even less and very few traders per day, sometimes only one. If they are targeting me with these stats I would say they are targeting everyone.

They are giving me the option of getting a refund, which is ridiculous because I got that in the first payout .
So I have no other option unless abandon the account or accepting these shitty conditions. Leverage doesn't bother me at all, neither the 1% daily loss, but 1% profit cap is terrible for those swing trades when I keep positions opened for several days.
  • #46,914
  • Feb 19, 2025 6:14am Feb 19, 2025 6:14am
Quoting CableJ
{quote} {image} almost an across the board YTD bloodbath with FX props {image}
Looks like the only worthwile CFD props with enough traffic to pay you out and less than 5% 1 Star reviews are Funded NEXT, FTMO, 5ers, Maven Trading and Funded Trading plus. Thanks for sharing that!
  • #46,915
  • Feb 19, 2025 6:22am Feb 19, 2025 6:22am
Quoting Capablanca
WTF, I got also the famous Fintokei email ! Dear Trader, Thank you for your continued engagement with Fintokei. We appreciate your time and effort in participating in our programs and for trusting us as your prop trading partner. Following our enhanced risk management review of your trading data, we have identified some characteristics that may conflict with our platform’s risk management policies and operational model. Specifically, our analysis using the “Runs Test for Detecting Non-randomness” suggests that your trading often displays patterns...
Timing is strange because you are in DD. Maybe idea is to keep you in DD.
  • #46,916
  • Feb 19, 2025 6:33am Feb 19, 2025 6:33am
Quoting Tobiazzek
{quote} Looks like the only worthwile CFD props with enough traffic to pay you out and less than 5% 1 Star reviews are Funded NEXT, FTMO, 5ers, Maven Trading and Funded Trading plus. Thanks for sharing that!
Funded Next is more 7%. Anyway is a surprise such a low number.

City Traders Imperium and Audacity also less than 5% 1 star %

Instant Funding also has only 6%.
  • #46,917
  • Feb 19, 2025 6:34am Feb 19, 2025 6:34am
i surfed their website, found out they are backed by purple.
why purple broker could allow such things, i do not understand.
are they incompetent or what?
  • #46,918
  • Feb 19, 2025 6:34am Feb 19, 2025 6:34am
Quoting Takisd
{quote} Timing is strange because you are in DD. Maybe idea is to keep you in DD.
Yep, that's what puzzled me most. I'm -3.5% so it will be like climbing Everest with my trading style.
  • #46,919
  • Feb 19, 2025 6:37am Feb 19, 2025 6:37am
i used to think brokers with low percentage failure rates are somehow competent, knows how to manage risk, is not against traders.
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  • #46,920
  • Feb 19, 2025 6:42am Feb 19, 2025 6:42am
Quoting solarpower
i used to think brokers with low percentage failure rates are somehow competent, knows how to manage risk, is not against traders. {image}
This number is a bit deceptive. Many reasons why but its in how its calculated. The number is higher, but not 95% as the adage suggests
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